page 100
Source: Endeavor internal data; Crunchbase; Thompson VentureSource; Tech in Asia; Bain analysis
COORDINATED TEAM RESPONSE:
1. Bain local team now in place in Indonesia
to review overall Search & Selection
learnings with local board and team.
2. Endeavor Investor Network and Catalyst
"Watch Lists" cross-checked with local
team to ensure promising young tech
companies don't fall through the cracks.
These findings will help:
• Provide additional context to aid local selection
• Continue to "Endeavorize" local candidates
Ruma and Qraved
are examples of two
high-profile Catalyst
coinvestments in
Indonesia.
PRE-2016 SELECTION
PROCESS IN INDONESIA
PRE-2016 PIPELINE
OUTCOMES IN INDONESIA
EE CONVERSION OF
"IN-PIPELINE" CO'S
Bain findings are enabling us to repeat this in other countries.
Indonesia: ~70% of successful start-ups enter the Endeavor
"pipeline" but leave at various checkpoints.
